Talk:Lone Star Funds
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Edit request to update details
Hi, I work for Lone Star Funds. As a disclosed COI editor, I understand and appreciate the Wikipedia community's policies and protocols. I would like to request that the following updates be made to the current article:
- Update infobox with current President: William Young[1]
- I am requesting that the Motion Pictures Financing subheading be deleted and that the information therein be incorporated as part of the history section. This investment is just one piece of the company's history with no more or less significance than any other piece. It is being given undue weight with its own subheading. I suggest placing this revised and updated content, with source 22, in the history section in the appropriate chronological place before the paragraph beginning "In July 2015": In early 2014, LS Capital, a credit affiliate, entered the motion picture financing sector when LStar signed a $200 million deal with Sony Pictures. However, after poor box office performances of Sony's movies, the two firms severed ties in 2017.[2]
References
- ^ "William D Young profile". Bloomberg. 18 August 2021.
- ^ Faughnder, Ryan (2017-07-17). "Sony Pictures and co-financing partner LStar Capital cut ties". Los Angeles Times. ISSN 0458-3035. Retrieved 2017-07-19.
Thank you for your consideration and assistance. ChristinaforLoneStarFunds (talk) 17:22, 18 October 2021 (UTC)
Done I put it in chronological order (2014 before 2015), and updated the president as per the source provided. Signed, I Am Chaos (talk) 20:24, 21 October 2021 (UTC)
- Hi. @I Am Chaos:. Thank you for your prompt action on my request. Really appreciate your jumping in on this one. I have a few more changes I'd like to make to the article. Will put that together and submit a new request soon. Thank you againChristinaforLoneStarFunds (talk) 13:55, 25 October 2021 (UTC)
Edit request to update details II
Hi, Christina here again. I am requesting the addition of four funds to the existing 'Funds investment vehicles chart' in order to bring the chart up to date. Below is the updated chart already coded to replace the existing chart in the article. You'll see I've added The Lone Star Value-Add Fund I, The Lone Star Real Estate Fund VI, The Lone Star Residential Mortgage Fund II and the Lone Star Fund XI. I've also changed the Lone Star Fund X to reflect the correct year, 2017.
Already done Hey Just Jumping in here from my talk page, it looks like @Timtempleton: got to this before I saw your message to me, so I'm just oing to close out your request tag. Signed, I Am Chaos (talk) 05:33, 2 December 2021 (UTC)
POV tag
I have added a {{POV}} tag to this article because it hardly mentions the numerous controversies the company is involved in. While not a POV issue, it also does not mention the dispute it had with South Korea, which in fairness to LSF ended with the country paying the company $216.5 million. HouseBlastertalk 21:38, 30 April 2023 (UTC)
Edits to update non-controversial, factual content
There have been some recent changes at Lone Star Funds, including moving of the headquarters out of the Tower at Cityplace and the promotion of Donald Quintin to CEO and Global President. As these- and some financial updates- are non-controversial edits, I'm making them directly in the infobox and lead of this article. I will, of course, make sure to work with the community via edit requests when making more substantive content changes. Thank you, KD at LSF (talk) 10:41, 6 December 2024 (UTC)
Investment Details
Requesting that the Investment approach section of this article be renamed as Investments and be expanded to include the following: Lone Star invests in a variety of asset classes, primarily asset-heavy and/or cash flowing opportunities in developed markets.[1] Investments have included:
- In February 2001, Lone Star acquired Tokyo Sowa Bank in Japan for 40 billion yen and renamed it Tokyo Star Bank.[2]
- In 2008, Lone Star purchased $30.6 billion worth of CDOs from Merrill Lynch for $6.7 billion.[3]
- Lone Star bought IKB Deutsche Industriebank in August 2008.[4]
- Following the bankruptcy of Lehman Brothers, Lone Star purchased $10 billion of the firm's non-performing and performing loans for less than $300 million.[5]
- In February 2014, Lone Star purchased Coeur Defense for €1.35 billion.[6]
- In June 2015 Lone Star bought Home Properties, for $7.6 billion.[7]
- Lone Star purchased Xella from PAI Partners and Goldman Sachs for €2.2 billion in December 2016.[8]
- Ferguson plc sold the Stark Group to Lone Star for €1.03 billion in November 2017.[9]
- In May 2018, Lone Star acquired Imerys's roof tiling business for €1 billion forming Edilians.[10]
- In December 2020, Lone Star acquired McCarthy Stone for €647 million.[11]
- In November 2021, Lone Star acquired a five-hotel portfolio from Host Hotels & Resorts for $551 million.[12]
- Lone Star acquired Carrier Global Corporation's commercial and residential fire business, Kidde, for $3 billion in December 2024.[13]
Thank you for your consideration and attention, KD at LSF (talk) 14:38, 3 March 2025 (UTC)
References
- ^ Kelly DePonte (May 2010). "An overview of the private equity distressed debt and restructuring markets" (PDF). Probitas Partners. Archived from the original (PDF) on 2013-03-30. Retrieved 2013-11-28.
- ^ Fujita, Junko (23 May 2011). "Lone Star back as top shareholder of Tokyo Star: sources". Reuters.
- ^ Weinstock, Suzanne (29 July 2008). "Lone Star picks up $30.6bn of CDOs at sharp discount". Private Equity International.
- ^ "Lone Star to buy IKB, the German subprime casualty". New York Times. 21 August 2008.
- ^ Brasse, Jonathan (7 September 2009). "Lone Star buys $10bn of Lehman Bros loans". PERE News.
- ^ Marsh, Alastair (5 February 2014). "Lone Star Buys Coeur Defense in Paris Before $2 Billion Deadline". Bloomberg.
- ^ Shaver, Les (24 June 2015). "Lone Star Secures Home, UDR Acquires 6 Properties". MFE Transactions.
- ^ Louch, William (1 December 2016). "PAI, Goldman Sells Xella to Lone Star in €2.2 Billion Deal". The Wall Street Journal.
- ^ Clark, Adam (10 November 2017). "Fergson sells Stark Group to Lone Star Funds". The Wall Street Journal.
- ^ "Imerys Roof Tiles Changes Its Name to Edilians". Roofing Today. 15 October 2018.
- ^ Gardiner, Joey (29 January 2021). "Lone Star takeover of McCarthy & Stone to complete today". Housing Today.
- ^ Fruehling, Douglas (8 November 2021). "Dallas private equity firm acquires 5 luxury hotels for $551 million". Biz Journal.
- ^ Seeley, David (4 December 2024). "Dallas' Lone Star Funds Closes $3B Acquisition of Carrier's Commercial and Residential Fire Business". Dallas Innovates.